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Achieving High Performance through Human Resources Management Quiz

12 questions economics Grades 9-12

The question sheet

Reveal any answer as you study
  1. What forms the basis for making human resource management decisions?

    • The firm's advertising budget
    • Goals and strategies of business model
    • Government tax policy
    • Competitor payroll data
    Reveal answer

    Answer: Goals and strategies of business model

    Source evidence

    PDF page 299: Human resource (HR) management is the process of hiring, developing, motivating, and evaluating employees to achieve organizational goals. The goals and strategies of the firm’s business model form the basis for making human resource management decisions. HR practices and systems comprise the firm’s human resource decision support system that is intended to make employees a key element for gaining competitive advantage. To this end, the HR management process contains the following sequenced activities:

  2. HR practices and systems are intended to make employees a key element for gaining:

    • Lower wages
    • Global vision
    • Competitive advantage
    • Higher taxes
    Reveal answer

    Answer: Competitive advantage

    Source evidence

    PDF page 299: Human resource (HR) management is the process of hiring, developing, motivating, and evaluating employees to achieve organizational goals. The goals and strategies of the firm’s business model form the basis for making human resource management decisions. HR practices and systems comprise the firm’s human resource decision support system that is intended to make employees a key element for gaining competitive advantage. To this end, the HR management process contains the following sequenced activities:

  3. Which activity comes first in the sequenced HR management process?

    • Training and development
    • Job analysis and design
    • Employee selection
    • Compensation and benefits
    Reveal answer

    Answer: Job analysis and design

    Source evidence

    PDF page 299: • Job analysis and design

    PDF page 299: The human resource management process shown in Exhibit 8.3 encourages the development of highperformance employees. The process is sequential because employees can’t be trained and paid until selected and placed in jobs, which follows recruitment, which is preceded by human resource planning and job analysis and design. Good HR practices used along this sequence foster performance improvement, knowledge and skill development, and loyal employees who desire to remain with the organization.

  4. Which comes immediately before employee selection in the process?

    • Performance evaluation
    • Compensation and benefits
    • Employee recruitment
    • Training and development
    Reveal answer

    Answer: Employee recruitment

    Source evidence

    PDF page 299: • Employee selection

    PDF page 299: • Employee recruitment

  5. Good HR practices along the sequence foster all of the following EXCEPT:

    • Higher import tariffs
    • Knowledge and skill development
    • Loyal employees
    • Performance improvement
    Reveal answer

    Answer: Higher import tariffs

    Source evidence

    PDF page 299: The human resource management process shown in Exhibit 8.3 encourages the development of highperformance employees. The process is sequential because employees can’t be trained and paid until selected and placed in jobs, which follows recruitment, which is preceded by human resource planning and job analysis and design. Good HR practices used along this sequence foster performance improvement, knowledge and skill development, and loyal employees who desire to remain with the organization.

  6. A job analysis is best defined as:

    • A payroll calculation
    • A study of tasks required to do a job
    • A list of company profits
    • A tax filing document
    Reveal answer

    Answer: A study of tasks required to do a job

    Source evidence

    PDF page 301: Human resource planners must know what skills different jobs require. Information about a specific job typically begins with a job analysis, which is a study of the tasks required to do a job well. This information is used to specify the essential skills, knowledge, and abilities required for the job. When Hubert Joly started as the CEO at Best Buy, the retailer was facing serious financial pressures. The threat of online competition from Amazon was real. Joly was also facing a staffing issue with a lot of turnover. He and his team instituted a plan

  7. The tasks and responsibilities of a job are listed in a:

    • Job specification
    • Demand forecast
    • Job description
    • Succession plan
    Reveal answer

    Answer: Job description

    Source evidence

    PDF page 301: to keep and promote staff as a core competency that would differentiate Best Buy from online retailers. Also, a key HR responsibility is that jobs are examined to make any changes in job duty and task responsibilities. The tasks and responsibilities of a job are listed in a job description. The skills, knowledge, and abilities a person must have to fill a job are spelled out in a job specification. These two documents help human resource planners find the right people for specific jobs. A sample job description and specification is shown in Table 8.1.

  8. The skills, knowledge, and abilities to fill a job are spelled out in a:

    • Job specification
    • Career expo
    • Job analysis
    • Job description
    Reveal answer

    Answer: Job specification

    Source evidence

    PDF page 301: to keep and promote staff as a core competency that would differentiate Best Buy from online retailers. Also, a key HR responsibility is that jobs are examined to make any changes in job duty and task responsibilities. The tasks and responsibilities of a job are listed in a job description. The skills, knowledge, and abilities a person must have to fill a job are spelled out in a job specification. These two documents help human resource planners find the right people for specific jobs. A sample job description and specification is shown in Table 8.1.

  9. Forecasting an organization's human resource needs is known as an:

    • Career fair
    • HR demand forecast
    • Job specification
    • Succession plan
    Reveal answer

    Answer: HR demand forecast

    Source evidence

    PDF page 301: Forecasting an organization’s human resource needs, known as an HR demand forecast, is an essential aspect of HR planning. This process involves two forecasts: (1) determining the number of people needed by some future time (in one year, for example) and (2) estimating the number of people currently employed by the organization who will be available to fill various jobs at some future time; this is an internal supply forecast.

  10. When Hubert Joly started as CEO, Best Buy was facing:

    • Serious financial pressures and turnover
    • A shortage of raw materials
    • A merger with Costco
    • Bankruptcy of Amazon
    Reveal answer

    Answer: Serious financial pressures and turnover

    Source evidence

    PDF page 301: Human resource planners must know what skills different jobs require. Information about a specific job typically begins with a job analysis, which is a study of the tasks required to do a job well. This information is used to specify the essential skills, knowledge, and abilities required for the job. When Hubert Joly started as the CEO at Best Buy, the retailer was facing serious financial pressures. The threat of online competition from Amazon was real. Joly was also facing a staffing issue with a lot of turnover. He and his team instituted a plan

    PDF page 301: to keep and promote staff as a core competency that would differentiate Best Buy from online retailers. Also, a key HR responsibility is that jobs are examined to make any changes in job duty and task responsibilities. The tasks and responsibilities of a job are listed in a job description. The skills, knowledge, and abilities a person must have to fill a job are spelled out in a job specification. These two documents help human resource planners find the right people for specific jobs. A sample job description and specification is shown in Table 8.1.

  11. Reviewing managers to identify who can fill vacancies and be promoted is called:

    • Recruitment
    • Job analysis
    • Demand forecasting
    • Succession planning
    Reveal answer

    Answer: Succession planning

    Source evidence

    PDF page 303: identify people who can fill vacancies and be promoted, a process known as succession planning. If Best Buy has a temporary shortage of sales professionals, at the holiday shopping season, for example, they can hire an experienced contractor or interim executive as a temporary or contingent worker, someone who wants to work but not on a permanent, continuous basis. Exhibit 8.4 summarizes the process of planning and forecasting an organization’s personnel needs.

  12. A temporary or contingent worker is someone who wants to work but not:

    • For any salary
    • In a retail environment
    • On a permanent, continuous basis
    • Under a manager
    Reveal answer

    Answer: On a permanent, continuous basis

    Source evidence

    PDF page 303: identify people who can fill vacancies and be promoted, a process known as succession planning. If Best Buy has a temporary shortage of sales professionals, at the holiday shopping season, for example, they can hire an experienced contractor or interim executive as a temporary or contingent worker, someone who wants to work but not on a permanent, continuous basis. Exhibit 8.4 summarizes the process of planning and forecasting an organization’s personnel needs.

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